March 19, 2026

Japan pledged to invest $73 billion in American next-generation ​nuclear reactor and gas-fired power plant projects Thursday after Prime Minister Sanae Takaichi’s White House meeting with President Trump.

The investment marks the start of the second phase of Japan’s $550 billion spending commitment on American projects, which Trump secured through a massive trade agreement last summer after threatening the US ally with 25% tariffs.

The latest batch of investment will see Japan spend $40 billion on the construction of small modular reactors (SMRs) by GE Vernova Hitachi in Tennessee and Alabama; $17 billion on natural gas generation facilities in Pennsylvania; and $16 billion on natural gas generation facilities in Texas.

Japan has committed $73 billion to invest in American next-generation nuclear and gas-fired power projects following Prime Minister Sanae Takaichi’s meeting with President Trump, kickstarting the second phase of a larger $550 billion pledge secured last year amid trade tensions. The funds will primarily support $40 billion for small modular reactors by GE Vernova Hitachi in Tennessee and Alabama, $17 billion for natural gas plants in Pennsylvania, and $16 billion for similar facilities in Texas, showcasing a major boost to U.S. energy infrastructure driven by renewed bilateral cooperation.

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